Ireland’s property and mortgage market recap for February 2024. 🇮🇪

Ireland’s property and mortgage market recap for February 2024. 🇮🇪

It’s already the beginning of March, which means the days should be getting longer and the weather warmer.

And if you’re in the market for a second-hand property, you should be noticing more properties coming for sale.

So, if you’ve been searching for a property but haven’t seen anything you like in the last two months, don’t despair because there should be more choices coming soon.

I also wanted to give you a report from the banking federation. The number of mortgages approved, year on year, has actually gone down.

However, the number of first time mortgages has gone up.

In the last year, rates went up significantly but the demand for first time buyers did not.

Also, the number of applications that we have been submitting in the first two months of 2024 has gone up significantly since last year as well.

Additionally, in this video, I offer two very important updates on the help to buy scheme, regarding the deposit you’ll need and foreign credit reports.

Lastly, many of you have heard me talk about the mortgage and property buying roadmap that I customize and offer to clients.

Well, I was invited on to a webinar there recently by Nafimi from PwC or Pricewaterhouse.

I was with her friends and associates and we went through it all in great detail. So, if anyone has an hour and three quarters to kill and they want to learn more, give it a listen – the level of questions was phenomenal.

I’m still here to answer any questions that you may have so don’t hesitate to reach out. I look forward to talking to you all at the beginning of April!

-John Coleman,
JC Mortgages

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